Hi everyone! I am seeking some advice on a rental in geneva. We are expecting a child so currently searching for a new apartment. We recentky visited a place that we really like because of the size, layout, location, etc. However, it has a reduced rental for the first 3 years because it has been completely renovated and falls under the law LGZD (Law concerning development zones). I am not sure what this means but can’t really find any information. We are worried it might mean there will be more construction and a lot of noise the next 3 years or something but the régie isn’t providing much information. Does anyone have advice on what this might mean? Thanks so much!
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Advice on apartment - LGZD reduced rent question
Dec 1, 2020 @ 22:35
The text you are quoting:
Hi everyone! I am seeking some advice on a rental in geneva. We are expecting a child so currently searching for a new apartment. We recentky visited a place that we really like because of the size, layout, location, etc. However, it has a reduced rental for the first 3 years because it has been completely renovated and falls under the law LGZD (Law concerning development zones). I am not sure what this means but can’t really find any information. We are worried it might mean there will be more construction and a lot of noise the next 3 years or something but the régie isn’t providing much information. Does anyone have advice on what this might mean? Thanks so much!
j sDec 1, 2020 @ 22:35
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Re: Advice on apartment - LGZD reduced rent question
Post 1
Dec 3, 2020 @ 19:59
Hello,
no it doesn't mean that you will have more construction and a lot of noise the next 3 years. They renovated the flat but couldn't right away put the rental up from what the previous people were paying. They have to wait three years before they can rent it at its "normal" price for a renovated flat although the flat is already renovated. But you could check with Asloca if everything is correct with the papers. Enjoy your new flat!
The text you are quoting:
Hello,
no it doesn't mean that you will have more construction and a lot of noise the next 3 years. They renovated the flat but couldn't right away put the rental up from what the previous people were paying. They have to wait three years before they can rent it at its "normal" price for a renovated flat although the flat is already renovated. But you could check with Asloca if everything is correct with the papers. Enjoy your new flat!
chipmunck, Dec 3, 2020 @ 19:59
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Re: Advice on apartment - LGZD reduced rent question
Post 2
Dec 3, 2020 @ 23:58
For your peace of mind, I would also recommend that you check with Asloca (the local tenants’ association) to ensure that all is in order. It’s well worth the modest fee.
Best wishes, R.
The text you are quoting:
For your peace of mind, I would also recommend that you check with Asloca (the local tenants’ association) to ensure that all is in order. It’s well worth the modest fee.
Best wishes, R.
Ritchie, Dec 3, 2020 @ 23:58
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Re: Advice on apartment - LGZD reduced rent question
Post 3
Dec 7, 2020 @ 11:57
Thanks both for the helpful advice!!
